Pay as you go Worker's Compensation | Cocoa, Florida | iPay Payroll Solutions
Are You Worried About Workers Compensation?
We Alleviate Workers Compensation Stress By:
Pay-as-you-go workers compensation is not different insurance and it does not replace your current workers compensation insurance; it is simply an alternative way of making your insurance premium payments. You will never have to use the “best guess” approach when calculating insurance premiums. Now your company and clients can eliminate huge down payments and potential end of year audits. With the pay-as-you-go method, you can purchase an insurance policy with little money down, then pay your premium in smaller amounts spread out evenly over the course of the year based on your schedule, which is much more cash-flow efficient. Your premium payments are not based on a projected annual payroll, but on your actual payroll. This helps to protect your from audit exposure since the premium is not an estimate.
Our full list of our Pay-As-You-Go Workers Compensation services includes:
- Premiums Based on Actual Payrolls vs. Estimates
- Maximize Cash Flow
- Eliminate Large Installment Payments
- Eliminate or Reduce Year-End Additional Premiums - Due to Audits
- Real-Time Evaluation of Premium Payment History and Calculation
- Free Consultation and Custom Fit Quote
There are many advantages for small businesses to consider choosing the pay-as-you-go system when paying workers compensation premiums. Working with iPay Payroll as your payroll service provider, you can bundle your workers compensation with your payroll or other services and pay a single bill each period, with taxes, payroll and workers compensation all included.